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Nothing Is Too Big to Fail

How the Last Financial Crisis Informs Today

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Nothing Is Too Big to Fail

By: Kerry Killinger, Linda Killinger
Narrated by: Gary Bennett
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About this listen

In 2008, the American economy collapsed, taking with it millions of Americans' jobs, homes, and life savings. The impending financial crisis was devastating, and many are still feeling its effects today.

Though the crisis was debilitating, the US government has yet to implement policies that would prevent a repeat of the Great Recession. The middle class continues to shrink, escalations in racial injustices prevail, and distrust of the government grows by the day. And with the country's current fiscal policies, our economy is in a fragile place, barely strong enough to survive a shock caused by an international conflict, a cyberattack, or a global pandemic, like COVID-19.

Nothing Is Too Big to Fail holds a microscope to the very policies and corruption that led to this major economic recession. Authors Kerry and Linda Killinger warn that, without significant institutional change, the country has created asset and debt bubbles that could burst at any time.

No institution, government, or country is "too big to fail". But by learning from our past mistakes and taking action, we can return our country's economic system - and in turn, our democracy - to one that is secure.

©2021 Kerry Killinger and Linda Killinger (P)2021 Gildan Media Banks & Banking Business Ethics Economic History Politics & Government Business
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excellent

Never realised corporate Greed to the extent of JP Morgan in collaboration with FDIC - everyone needs to read this - certainly an eye opener.

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